Va streamline refinance

[Ryan Keenan]

I'm in the process of using VA streamline refinance. Everything sounds good but I am concerned about the escrow. The lady on the phone said that the old escrow will not transfer to the new escrow account, instead they cut you a check to do what you want with so she says. My question is if I take the money and use it for something else will I be short money later in the escrow account when the time comes?how does it work?

Thanks 

Ryan